[QUOTE=tailendcharlie;3855640]So Maury's perfectly content to nickle-and-dime the pilots for years, but he's willingly leaving $20 per passenger on the table....[/QUOTE
absolutely. We have the lowest ticket prices in the whole industry and everyone else has raised prices besides us. If you don’t think we can raise prices you’re crazy. This is where the company is actually right, no competition on like what? 85%? Of our routes? They have more pressing matters right now getting the Boeing online

 

[QUOTE=jimmy8;3855665]Sorry it's just I've heard this my whole career..."We can raise prices by $xx to fund [whatever the pilots are currently asking for]...no brainer. Duh."

Has never quite worked that way but I guess there's a first time....

 

jimmy you should tell Ted Christie and the NK bod to just charge more and then they’d never be bankrupt to begin with. Just add $20 but still be less than the legacies and this bankruptcy will be easy.

the idea that we are just leaving free money on the table, when the margins are razor thin and every dime matters on an ASM basis is might be the most absurd thing I’ve heard on these forums. Do you know anything about our industry???

 

regardless if they keep prices the same, increased utilization and growth offset increased contract costs

 

Sounds like the motto for 2018 era ULCC… it’s so simple jack up your ASMs so your CASM drops and we all get rich!

So glad we have jimmy here to school us on how ULCCs can thrive with legacy labor contracts: just fly way more.

It doesn’t matter that ULCCs don’t have 5b credit card agreements or first class international products to supplement the revenue. All ULCCs have to do is increase utilization (aka fly more) and they’ll be fine.

 

Lot of these guys weren't around in the 2000's, 90's, 80's Nate. The brief Covid scare aside, we haven't seen truly hard times in this industry for 15 years.

 

A little bit of humility goes a long ways. We are all going to be paid far more than we ever thought possible even with the company’s rates from last summer - rates that will go up to ratify a contract.

I am thrilled to see the gains we have made and to see our work being valued industry wide. Even management at Allegiant doesn’t ignore us anymore and treat us with utter indifference. Is it all lip service from management? Of course it is. I’ll believe it when they treat us well when they don’t “need” cause of the market.

it’s been a long time coming for a lot of us and we are not so ignorant to believe that the industry can turn on you in a day and leave you like distraught like my friends at spirit are feeling right now.

 

Its not about you, its about him. Always has been. You are a hammer in a toolbox. But they need us, and the contract will reflect that.

 

you act like our numbers are just like every other ULCC.. news flash, they aren’t

 

How accurate is this statement from the company?

In early 2021, our Teamsters Local 2118 was newly formed. Per Teamsters International rules, new locals are begun under trusteeship as they develop their bylaws and management teams. The Teamsters designee to lead Allegiant’s Local was an Allegiant pilot. He proved to be a good politician, a good communicator - he had the support of the crews. But he and his team had never been involved in the management of a union. He did not build the necessary infrastructure to run a Local, did not develop the appropriate policies and procedures and did not delegate authority. The lack of experience, lack of basic business knowledge was readily apparent. At the bargaining table for the past three years, none of the 2118 representatives (including their legal counsel) had any previous experience at airline labor negotiations. The president of the union was also the head of every committee including the negotiating committee. In three years of negotiation, from early 2021 through the end of 2023, the Company and the union did not agree on any substantive updates to the contract.

Is the below program still in effect and how much are the raises?

As I write this, the combination of our increased compensation (in May 2023 we agreed to provide the pilots a substantial raise which would be accrued and paid 60 days after the completion of an agreement between the pilots and the Company) and the general slowdown in pilot hiring have decreased the demand for crews – it appears the worst is behind us. During this three year whirlwind, the industry has seen pilot pay rates increase as much as 40%. Going forward we and the industry will be paying more for the same product. But we at Allegiant still have our unique business model highlighted by minimal competition. With the change in the Teamsters 2118 management, we should be in a much better place.